Settings8H · net · $10k
Funding arb · Price arb /

MEW

all MEW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.034%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1071.071% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.034%, 7d avg +0.017%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEWUSDT0.00046520.0100pay 0.0050% / 4h2h 01m$1.2M$2.9M50x
ShortBitget MEWUSDT0.00046540.0100get 0.0050% / 4h2h 01m$500K$375K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.034% → +0.017%
$1.7
Slippage, 4 orders
−$85.06
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.36
Costs to cover
1.071%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.15 bp21.7 bp −$22212.7 bp −$2,127doesn't fitdoesn't fit
Sell Bitget live order book, 60 min ago8.60 bp26.8 bp −$27100.2 bp −$1,002doesn't fitdoesn't fit

MEW on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MEW/USD [WBTC.b-USDC]L 0.0000% / S 0.0000%1h0.0004640−0.267%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−9.316%$46$14K5.5xas long as short
Binance MEWUSDTlong+0.0100%4h0.0004652long leg$1.2M$2.9M50x
Bybit MEWUSDT+0.0100%4h0.0004649−0.073%$1.4M$1.2M25xas long as short
OKX MEW-USDT-SWAP+0.0100%4h0.0004648−0.095%$525K$750K20xas long as short
Gate MEW_USDT+0.0100%4h0.0004648−0.095%$136K$120K50xas long as short
MEXC MEW_USDT+0.0100%4h0.0004652−0.009%$386K$180K125xas long as short
KuCoin MEWUSDTM+0.0100%4h0.0004651−0.030%$336K$116K30xas long as short
Bitget MEWUSDTshort+0.0100%4h0.0004654+0.034%$500K$375K50x
BingX MEW-USDT+0.0100%4h0.0004656+0.077%$24.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004652−0.005%$82K$32Kas long as short
Kraken Futures PF_MEWUSD+0.0814%1h0.0004655+0.045%$93K$107K10xas long as short